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IP Group Builds Over 17% Holding In Biotechnology Firm Avacta (ALLISS)

Thu, 03rd Jan 2019 11:34

LONDON (Alliance News) - Avacta Group PLC on Thursday said IP Group PLC now holds 17.2% stake in the biotechnology company following a transaction on December 18.

Prior to that, IP Group's holding was undisclosed.

Shares in Avacta were trading 3.3% lower on Thursday at 29.50 pence each, while IP Group shares were down 1.8% at 110.40p each.

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